Q:

What are some examples of no-load mutual funds?

A:

Quick Answer

The Matthews Japan Fund and the Fidelity Select Biotechnology Fund are two examples of no-load mutual funds with high returns in the first quarter of 2015, reports Zacks. No-load mutual funds do not charge investors any upfront fees prior to purchasing the funds.

Continue Reading

Full Answer

No-load funds allow investors to use 100 percent of their money toward the investments, explains Investopedia. Load funds charge investors an upfront fee, known as a sales commission. Load funds charge fees since brokers, financial planners or investment advisors make appropriate fund selections for investors. No-load funds do not charge upfront fees since investment companies distribute the fund’s shares and not third-party intermediaries.

Learn more about Financial Planning

Related Questions

Explore